Crypto Currencies like bticoin , ethereum , doge coin and litecoins represent a good form of income that can help the people in the developing countries to have a good income streams and would help them to invest more in the new economic systems, in other words, the existence of the digital economy can help people to find a new sources of income that have been nontraditional in the past.
A developing country can then in this case by the providence of a good infrastructure of technology to its members can contribute in increasing their national income rather than just make the unemployed persons represents a burden on its government budget, also , this can contribute in increasing the standards of living of people without costing the economy as long as this will help in developing the technological infrastructure of the country to cope with people striving for more.
Giving an example now from the African continent , if we started to utilize the over population there to serve as a good factor of production this would increase the overall circular flow of income in the continent as long as this will enhance education levels , provides more income to people , facilitating barter and exchange between them and thus this would increase their standards of living.
Do you agree with this idea ? we are waiting for a constructive discussion with you
